This class was created by Brainscape user Aarnav Suresh. Visit their profile to learn more about the creator.
By:
Aarnav Suresh
- decks
- flashcards
- learners
Decks in this class (22)
chapter 1
Ledger 1,
Ledger accounts 2,
Captial 3
9
cards
chapter 2
Credit transaction 1,
Trade receivable 2,
Trade payable 3
7
cards
chapter 3
Books of prime entry 1,
All books of prime entru 2,
Invoice 3
21
cards
chapter 4
Balancing an account 1,
Why do accounts need to be balanc...,
Debit balance 3
9
cards
chapter 5
Groups of ledger accounts 1,
Assets 2,
Non current assets 3
22
cards
chapter 6
Trial balance 1,
Steps of preparing trial balance 2,
Principle of double entry 3
15
cards
chapter 7
Profit 1,
Loss 2,
Unlimited liability 3
24
cards
chapter 8
Statement of financial position 1,
Financial statements 2,
What can be deducted after analys...
10
cards
chapter 9
Accounting concepts 1,
List of accounting concepts 2,
Duality 3
28
cards
chapter 10
Accrual 1,
Prepayment 2,
How are accrued expenses treated ...
13
cards
chapter 11
Depreciation 1,
How can wear and tear cause depre...,
How can obsolescence cause deprec...
42
cards
chapter 12
Irrecoverable debt 1,
Reasons why irrecoverable debt ma...,
How to find trustworthy customers 3
17
cards
chapter 13
Bank reconciliation statement 1,
Omitted items 2,
Standing order 3
34
cards
chapter 14
Control account 1,
Memorandum account 2,
Sales ledger 3
32
cards
chapter 15
What questions to be asked when n...,
Suspense account 2,
Reasons why a suspense account is...
14
cards
chapter 16
Incomplete records 1,
Single entry bookkeeping 2,
Statement of affairs 3
6
cards
chapter 17
How to find sales purchases and i...,
Margin 2,
Markup 3
20
cards
chapter 18
Partnership 1,
Partnership agreement 2,
Partnership act 1890 3
22
cards
chapter 32
Management accounting 1,
Cost accounting 2,
How is data organized in manageme...
34
cards
chapter 33
Unit cost 1,
Absorption costing 2,
Cost centre 3
36
cards
chapter 34
What costing systems can be appli...,
What are continuous or process op...,
What are specific order operations 3
9
cards
chapter 35
Variable cost 1,
Why can direct labour be consider...,
Fixed costs 3
43
cards
More about
accounting
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Aarnav Suresh's accounting flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
accounting
- 31 decks
- 1706 flashcards
- 1565 learners
Decks:
Chapter 1, Powerpoint 1, Powerpoint 2, And more!
